Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-09-10
OFFICE OF THE
LICE GOLD & SILVER MINING Co.,

AA4V1 0OAD " civ WlNLNo N1Os,f
SALT LAKE CRY, UTAH.
At . special meeting OF the Board of Di-
rectors OF the Alice Gold and Silver Min.
ing Company, held at the Office of the COM
pany at Salt Lake City. Utah, on Satur-
day, tho third day of September. 1887,
the following preamble and resolutions
were offered and adopted:
"WaEREAs. In the best judgment OF this
Board, on account OF the adverse decision
OF Vice president T. J. Potter. of tue
Union Pacific Railway Company, to deliver
salt at . less rate than SIS per ton, or
412 per ton for the freight on the same
and So per ton for the first cost of the ealt,
and the present low price OF silver, it is
advisable to close dow the Alice Com
pany's works for such q period as may
bring more favorable terms on the freight
rate on salt from the Union Pacific Rail
way Company, and in the interim silver
may advance in price. The injustice OF the
charges Of the Union Pacific Railway Com.
pany is apparent, as they deliv,r coal at a
cost Of 81 per ton;
"And Whereas. The Alice Company have
paid the said railway company about the
sum OF $50 100000 per apnum for salt,
the Same has become grievous and a great
burden;
"And Whereas, The price Of silver on the
market has been for q long time past at a
very low figure; ranging at about ninety.
hve cents per ounce and below that figure,
per ounce fine, which brings it near the
cost Of production;
Resolved, That in view of the facts cited.
that this Board authorize the President to
issue instructions to the Superintendent to
close down the mines and mills as soCn as
the present supply OF salt and fuel now on
hand il consumed. ~ whether consumed
or not, to close down the works on October
1, 1887;
ALSO, To instruct him to place sufficient
watchmen on the premises for it's protec-
ton. and that the sense OF this resolution
is that the cOmpany's works remain closed
t the said railway company make COD.
cossions on the cost OF salt and until
silver advances on tho market;
1T is Further Resolved. That the Secre-
tary 10 hereby instructed to issue a copy
OF this resolution to each of the stock
holders Of record. and also to assure the ):
that the mines OF the company are in con.
dition to produce the usual amount oil
ore to run the mills. but that the policy OF
this Board is to protect tho interests OF the
stockholders. n only commence mining
again when there is an assurance that the
company can make money out Of their
ores SO a. 70 pay a fair dividend to it's
stockholders."
I hereby certify that this is a correct
copy OF q resolution passed by the Board
OF Directors OF the Alice Gold and Silver
Mining Company this third day ofSeptem-
Der, d. 1887. B. G. RAYBouLD.
Secretary.
The foregoing arraignment OF the Union |
Pacific management in this matter comes
from high authority and is not overdrawn. |
The Alice Mining and Milling Company has
been . long and patient sufferer from the |
exactions OF this transportation company. |
The time has now arrived when the relief
prayed for must be granted or the company
must close down and thereby bring disaster
upon the industries OF the City of Butte,
which have heretofore devoted a large
measure Of their profits to promoting the
interests Of the Union Pacific. To subserve
the ends OF truth, We must say that Butte
furnished the money for months and for
years, from which the Utah & Northern
paid the interest OF the Union Pacific, as
has been attested by President Adams, of
that organization himself, as the files of
our news columns will show. We think,
therefore, that We nave some rights that
the Union Pacific are bound to respect
whom the company comes to consider the
question Of transportation charges on the
single item Of salt. While we feel
that the interests OF the Union
Pacific and Of the city OF Butte are in al
large measure identical, We are forced to
the admission that the management of the
Union Pacific have heretofore. and even
now. disregarded this feature of the propo-
1ition. Under Mr.. Potter's management,
Knowing bis broad-gauge conduct of the
Chicago. Burlington & Quincy, we had
hoped for better things. and yet we do not
despair, trusting that when he shall have
had time to look into the matter COM.
Of. he will do the right thing and
right the wrongs from which this camp has
20 long and 80 seriously suffered in the
past. i
II it shall como to pass that We are
driven to the dire extremity. suggested by h
our esteemed contemporary, the Inter
Mountain, We shall be constrained to urge c
he Board OF Trade to hold a meeting,
whose object shall be to resolve to boycott I
he Union Pacific by giving all freight bust u
lees to tho Northern Pacific. While We do =,
believe in the boycott principle, there 3
10 times and occasions when such extreme
nsasures are forced upon communities Il
'hieh have suffered beyond the limit of n
ndurance. When the Utah l. Northern
eeder to the main line Of the Union Pacific Y
'as the only customer for the traffic Of this a
rsat silver and copper camp, tribute was !,
svied upon it citizens and the same was K
without q murmur. Then came the s
Pacific which was paid a certain r
~srcentage on q pool, to void com. :
etition. Next will come the u
and We trust a competition
hat will mean business. There are
thousands Of tons of low grade ores in this
amp which cannot be milled on the basis 81
: the present transportation on those 3
eeessary adjuncts Of the reduction bust. tn
Ause, salt and coke. No other industries Il